Cybercriminals are targeting ATM machines through the banks’ networks, the operations involve squads of money mules for the cashout.
Cyber attacks against ATM machines. Criminal organizations are targeting ATM machines through the banks’ networks, the operations involve squads of money mules for the cashout.
In the past, attacks against ATM machines mainly involved physical skimmers devices or malware inoculated through USB sticks or CDs in jackpotting attacks, but the current trend consists of targeting bank networks.
Crooks use to target bank’s employees with spear phishing messages using malware that once executed allows attackers to compromise targeted networks.
Once inside the bank networks, the hackers gain control of the ATMs and instruct them to dispense the money in presence of the money mules.
The Europol suggest the adoption of new measures to protect ATM networks.
In addition to a public report, Europol also provided a private report providing details to the financial institutions to improve the security of their ATM networks.